Documents & Reports

Lesotho - Country assistance strategy (English)

Abstract

The Country Assistance Strategy (CAS) for the Kingdom of Lesotho for FY2010-14 is developed within the context of the Government's strategy for growth and sustainable development as expressed in the 2002 "vision 2020" and its interim national development... See More +The Country Assistance Strategy (CAS) for the Kingdom of Lesotho for FY2010-14 is developed within the context of the Government's strategy for growth and sustainable development as expressed in the 2002 "vision 2020" and its interim national development framework. The latter focuses on four strategic objectives: (i) accelerate shared and sustainable economic growth, ensure employment creation and protect the vulnerable; (ii) address the HIV/AIDS epidemic; (iii) foster good governance to improve public sector service delivery; and(iv) improve the quality of life by promoting human development. These reform priorities of the Government set an appropriate strategic policy direction for the country, and form the basis of the Bank's support under the proposed CAS. The Government of Lesotho (GOL) and the World Bank have agreed on three areas of engagement under the CAS: (i) fiscal adjustment and public sector efficiency, (ii) human development and service delivery, and (iii) competitiveness and diversification. Within these three areas, CAS activities will be grouped into six "results clusters" that take into account cross-sectoral impacts and aim to achieve results by strengthening institutional capacity as a cross-cutting issue. The CAS envisages increased budget support through annual Poverty Reduction Support Credits (PRSC), which would promote enhanced efficiency and quality of service delivery and economic competitiveness.
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